Cotton prices fell on hopes for a better crop

Prices for cotton candy saw a little decrease of -0.03% yesterday, ending at 57580. This was mostly due to expectations of higher agricultural harvests, especially in nations like Australia. With the growth in cotton-producing areas, production, consumption, and commerce, the International Cotton Advisory Committee (ICAC) predicted a favorable cotton season for 2024–2025. Specifically, the ICAC…

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Cotton Increases With Short Covering As Prices Drop With Hopes For A Better Crop

The price of cotton candy saw slight increases, closing at 59920, mostly due to short covering after a prior decline in price amid hopes for better harvest conditions in nations like Australia. For the forthcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted increases in several indicators, including the area used to produce cotton,…

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Cotton fell due to muted global demand and improved crop prospects

Prices for cotton candy decreased significantly by -1.86% yesterday, leveling at 60,120. The main causes of this reduction were the reduced demand worldwide and the expectation of a better harvest in nations such as Australia. For the upcoming season, 2024–2025, the International Cotton Advisory Committee (ICAC) predicted gains in cotton-producing areas, production, consumption, and trade….

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The International Cotton Advisory Committee’s (ICAC) forecasts for the upcoming 2024–25 season caused a minor decline in cotton prices, which looks to have been reversed by short covering. Cotton candy prices are now up 0.13% to 61660. Global cotton output, commerce, consumption, and area are all expected to rise in the next years. The market…

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Cotton Drops As CAI Revises Production Estimates Up To 309.70 Lakh Bales

Cotton candy prices fell by 0.13% to 62000, owing to upward adjustments in production projections by important organizations such as the Cotton Association of India (CAI) and Cotton Corporation of India (CCI). CAI and CCPC upgraded their crop production forecasts for the current season, contributing to enhanced supply projections for natural fiber. Cotton Australia’s increased…

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Cotton Gain as CCI procured 32.81 lakh bales of cotton so far this season

Cotton candy prices rose 0.87% to 62520, boosted by good developments in domestic and worldwide markets. The Cotton Corporation of India (CCI) reported significant cotton procurement, especially from Telangana, Andhra Pradesh, and Maharashtra, indicating strong domestic demand. Furthermore, the Cotton Association of India (CAI) raised its cotton production predictions for the current season, predicting higher…

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Cotton declined as CAI increased their production estimates to 309.70 lakh bales

Due to various reasons affecting the global cotton market, cotton prices fell by 0.8% Wednesday, ending at 62040 rupees per candy. In contrast to the earlier estimate of 294.1 lakh bales, the Cotton Association of India (CAI) increased its projections for cotton production for the current season, estimating a higher production of 309.70 lakh bales….

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